Quartz·1 min read·medium
Super Micro Computer stock surged after AI server margins doubled what it expected
✦AI Summary
Super Micro Computer shares rose significantly after the company raised its gross margin expectations for the quarter ending June 30. The company now anticipates margins between 15% and 17%, far exceeding previous guidance.
The AI server maker now expects gross margins of 15% to 17% for the quarter ended June 30, versus earlier guidance of 8.2% to 8.4%
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